Wuxi Hongsheng Heat Exchanger Manufacturing Balance Sheet Health
Financial Health criteria checks 6/6
Wuxi Hongsheng Heat Exchanger Manufacturing has a total shareholder equity of CN¥594.5M and total debt of CN¥92.5M, which brings its debt-to-equity ratio to 15.6%. Its total assets and total liabilities are CN¥838.5M and CN¥244.1M respectively. Wuxi Hongsheng Heat Exchanger Manufacturing's EBIT is CN¥60.2M making its interest coverage ratio -2704.5. It has cash and short-term investments of CN¥171.2M.
Key information
15.6%
Debt to equity ratio
CN¥92.48m
Debt
| Interest coverage ratio | -2704.5x |
| Cash | CN¥171.16m |
| Equity | CN¥594.48m |
| Total liabilities | CN¥244.05m |
| Total assets | CN¥838.53m |
Recent financial health updates
No updates
Recent updates
Market Participants Recognise Wuxi Hongsheng Heat Exchanger Manufacturing Co., Ltd.'s (SHSE:603090) Earnings Pushing Shares 30% Higher
Nov 12
We Think You Can Look Beyond Wuxi Hongsheng Heat Exchanger Manufacturing's (SHSE:603090) Lackluster Earnings
Nov 06The Return Trends At Wuxi Hongsheng Heat Exchanger Manufacturing (SHSE:603090) Look Promising
Oct 01Wuxi Hongsheng Heat Exchanger Manufacturing (SHSE:603090) Might Have The Makings Of A Multi-Bagger
Jun 06We Think Wuxi Hongsheng Heat Exchanger Manufacturing's (SHSE:603090) Solid Earnings Are Understated
Apr 05Not Many Are Piling Into Wuxi Hongsheng Heat Exchanger Manufacturing Co., Ltd. (SHSE:603090) Just Yet
Feb 27Financial Position Analysis
Short Term Liabilities: 603090's short term assets (CN¥555.3M) exceed its short term liabilities (CN¥230.8M).
Long Term Liabilities: 603090's short term assets (CN¥555.3M) exceed its long term liabilities (CN¥13.2M).
Debt to Equity History and Analysis
Debt Level: 603090 has more cash than its total debt.
Reducing Debt: 603090's debt to equity ratio has reduced from 18.1% to 15.6% over the past 5 years.
Debt Coverage: 603090's debt is well covered by operating cash flow (146.5%).
Interest Coverage: 603090 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/08 00:10 |
| End of Day Share Price | 2025/02/07 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Wuxi Hongsheng Heat Exchanger Manufacturing Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.